JinDao_Tai

GBP/USD Outlook (10 December 2021)

Short
FX:GBPUSD   British Pound / U.S. Dollar
Overall, GBP/USD is trending downwards.

The UK GDP m/m data (Forecast: 0.4%, Previous: 0.6%) will be released later at 1500 (GMT+8).

Currently, GBP/USD is testing the support zone of 1.32200 and its next resistance zone is at 1.33800.
Look for short-term selling opportunities of GBP/USD if it breaks the support zone of 1.32200.

Free trading community: discord.gg/kPDXU2ZaDt
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.